@espn@ESPNCFB Alabama and BYU have done the CFP selection committee a big favor today. Instead of having to choose between Notre Dame and Miami, the committee can select both of them and leave Alabama and BYU at home.
@CNBC You mean you actually take seriously the PPIs for services, especially trade services? ๐คฃ๐คฃ๐คฃ
BLS should go back to a goods-only PPI and use the resources (people and $) freed up to fix the CPI and nonfarm payroll data.
I think economists (and markets) need to abandon the belief that payroll employment (establishment survey) is a better indicator than civilian employment (household survey).
If you're not in favor of a carbon tax, please don't pretend that you care about climate change.
End of a Green Delusion by Holman W. Jenkins, Jr. https://t.co/evVtNX40H8 via @WSJopinion
A lot of people think the US will eventually have to inflate its way out of its debt problem. But you can't inflate your way out unless you eliminate:
1. Indexation of Social Security benefits
2. Indexation of tax brackets
3. Treasury Inflation-Protected Securities
@Vanguard_Group I've been with Vanguard for >35 years & have recommended it to friends and family. But no more. Their dashboard is a joke: the Yodlee aggregator won't link to the company Vanguard chose to manage some of my assets, and my asset allocation is frequently miscalculated. Really sad.
@DrTKSwift As you know, I think adding services to the PPI was a mistake, and I still follow the old-fashioned PPI for finished goods. It was up 0.36%, 0.31% excluding food and energy. Inflation is not as quiescent as the headline numbers suggest.
@elonmusk Good to see you've reclaimed your testicles. Maybe that will encourage Republicans in Congress to reclaim theirs. I just hope it isn't too late, for you and Tesla and for us.
@DianeSwonk I still follow the old-fashioned PPI for finished goods ex food and energy. It's my favorite measure of underlying inflation. It was up 0.319% in February; that was the biggest increase in a year. The markets apparently aren't being fooled by the PPI for trade services.
Quoted by @steveliesman on CNBC this morning.
The Fed is likely to cut rates, but some worry it may not be the right move, CNBC survey found https://t.co/gYYIbJestw